v3.26.1
Statements of Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Income:    
Advances $ 379 $ 473
Interest-bearing deposits 32 44
Securities purchased under agreements to resell 36 16
Federal funds sold 56 59
AFS securities 235 268
HTM securities 8 18
Mortgage loans held for portfolio 5 5
Total Interest Income 751 883
Interest Expense:    
Bonds 389 594
Discount notes 204 126
Deposits 12 16
Mandatorily redeemable capital stock 6 5
Total Interest Expense 611 741
Net Interest Income 140 142
Provision for/(reversal of) credit losses 0 1
Net Interest Income After Provision for/(Reversal of) Credit Losses 140 141
Other Income/(Loss):    
Net gain/(loss) on advances and consolidated obligation bonds held under fair value option (26) 29
Net gain/(loss) on derivatives 17 (15)
Standby letters of credit fees 5 5
Other, net 1 1
Total Other Income/(Loss) (3) 20
Non-Interest Expense:    
Compensation and benefits 25 29
Other operating expense 11 15
Federal Housing Finance Agency 1 2
Office of Finance 1 1
Voluntary housing and community investment contributions 27 10
Other, net 0 (1)
Total Non-Interest Expense 65 56
Income/(Loss) Before Assessment 72 105
AHP assessment 8 11
Net Income/(Loss) $ 64 $ 94